Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Pennsylvania Economic Development Financing Authority > News item |
S&P rates Pa. Economic Development bonds AA-/A-1+
Standard & Poor's said it assigned its AA-/A-1+ rating to Pennsylvania Economic Development Financing Authority's (Northwest Human Services Inc.) variable-rate demand revenue bonds, series 2008, based on an irrevocable direct-pay letter of credit provided by Commerce Bank NA Cherry Hill (AA-/A-1+).
The agency said that the anticipated expiration date of the LoC is May 30, 2013.
S&P noted that the $54 million of bonds are due on Dec. 1, 2038.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.